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This tutorial demonstrates how to consolidate a range of values in Excel by removing duplicate values and summing the values for the same products or people. By utilizing the consolidate command, you can simplify a large list of customers and amounts into a more organized format. The example used in the tutorial is a sample sales report with customer names and purchase amounts, showcasing how to streamline and summarize the data effectively. To access the workbook and follow along, visit teachexcel.com and search for the video tutorial.